Sterling
Central banks to stay quiet for now, says CMC
But the Fed could clarify its big unknown – how new appointees will implement monetary policy in 2018
Sterling to remain vulnerable, Rabobank says
The Dutch bank sees GBP/USD trading at $1.32 in three months and at $1.28 in 12 months
BoE hikes rates for first time in 10 years
Pound falls more than 1% against dollar and euro following long-awaited decision on interest rates
'End this nightmare,' says Johnson's defence
In his closing arguments, defence attorney John Wing tells jurors the prosecution failed to show evidence to support their claims
Prosecutor alleges ‘bonanza of lies’ in closing argument
Prosecuting attorney says Mark Johnson used his superior knowledge to take advantage of Cairn Energy
Johnson under cross-examination
Prosecution attorneys argue HSBC went beyond its executing bank role when it advised Cairn on order execution
Expect dollar rally to fade, BBVA says
The Spanish bank sees EUR/USD trading at $1.18 by year-end and to hit $1.21 by the fourth quarter of 2018
‘Gus thinks we’re buying 6.5bn’ – Johnson trial
Mark Johnson’s trial reveals how HSBC faced significant difficulties with the Cairn order as other banks knew of the deal and tried to benefit from the information
Judge allows Rodgers’ ‘Russian name’ analysis into case
Judge does about-turn and allows Rodgers – whose $1,100 hourly fee riles prosecution – to enter his findings in court
Johnson: ‘It was fair all around’
Embattled former trader says execution of Cairn Energy order produced better than expected outcome
Johnson set to take stand today
Mark Johnson will testify in his own defence today following day of high drama on October 10 around Rodgers’ analysis
Johnson’s defence to present case on Tuesday
Rodgers expected to take stand during course of the week
Cahill in hot seat over FCA statements
Former HSBC trader admits he would have given a different answer to the FCA if the question had been more specific
Cairn treasurer denies knowing HSBC would pre-hedge order
Yet neither the corporate nor its adviser instructed the bank how to deal with the $3.5 billion order
Pre-hedging debate at centre of Johnson trial
For some, pre-hedging is common practice; for others, it is synonymous with front-running – a jury will need to decide
Johnson trial to resume on Monday
Judge falls ill, trial to continue on Monday; on Wednesday, Dipak Khot, testifying for the prosecution, underwent six hours of questioning
Prosecution witness Khot says he had concerns about Cairn order
Dipak Khot asked Johnson and his team to return some money to Cairn after seeing unexpected volatility
Johnson’s lawyer brands trial a ‘governmental mistake’
On the tense first day of Mark Johnson’s trial, the prosecution claims he saw dollar signs
Disappointment with Trump continues to harm dollar – CIBC
EUR/USD is expected to trade at $1.20 by year-end and hit $1.23 in Q3 2018
Asian corporates bullish on euro and sterling
Research by East & Partners shows a bullish case for EUR/USD and GBP/USD from business across Hong Kong, Singapore, Malaysia and the Philippines
Expensive dollar to remain on the back foot – UBS
Whereas the euro is fundamentally cheap and will remain strong for the foreseeable future
Renminbi’s share of global payments rises slightly in July
China's currency retakes fifth place, but its overall share shrinks again, Swift says
Lacklustre dollar will help EUR/USD climb – CBA
EUR/USD is expected to trade at $1.20 by mid-2018 and hit $1.30 on a longer time horizon